The need to sustain culture affects the rate of hotel openings. Kimpton refuses to franchise and has been cautious about expanding overseas, wary of how the "Kimpton magic" will translate to other ...
Is Kimpton owned by IHG?
The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by the Intercontinental Hotels Group (IHG). Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011.
Who is Kimpton Hotels + Restaurants LLC?
Sign in to view reservations. Kimpton Hotels + Restaurants, LLC, is the leader in individually designed and positioned boutique hotels and restaurants in the industry and we have fun doing it. Our hotels represent a diverse group of properties including new build projects, historic building transformations, and mixed-use developments.
Is Kimpton a good company to work for?
While most Kimpton properties are marketed under their own names as boutique hotels, the company launched two sub-brands in 2005, Hotel Palomar and Hotel Monaco. Each property has a restaurant or bar that is marketed as upscale or trendy. Fortune listed it as the #11 best company to work for in 2015.
How many Kimpton Hotels are in the US?
Founded in 1981 by William (Bill) Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. It currently operates 68 hotels with a total of 13,357 bedrooms.
How much did IHG buy Kimpton?
On December 16, 2014, IHG announced that it would acquire Kimpton for $430 million in cash. IHG retained the Kimpton brand name within the U.S. and is expanding it globally.
Is Kimpton a boutique hotel?
While most Kimpton properties are market ed under their own names as boutique hotels, the company launched two sub-brands in 2005, Hotel Palomar and Hotel Monaco. Each property has a restaurant or bar that is marketed as upscale or trendy. In 2020, Fortune magazine ranked Kimpton Hotels & Restaurants at number 10 on their Fortune List ...
When did Kimpton leave San Francisco?
As a result of the acquisition, seven of Kimpton's nine hotels in San Francisco left the brand in July 2015.
Who owns Kimpton Hotel?
The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by the Intercontinental Hotels Group (IHG). Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011.
Kimpton Hotels & Restaurants
San Francisco-based Kimpton Hotels & Restaurants is a leading collection of boutique hotels and restaurants and the acknowledged industry pioneer that first introduced the boutique hotel concept to the United States.
Available Franchise Opportunities
While Kimpton Hotels & Restaurants is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
What did Kimpton do in the 90s?
So in the mid-'90s, when Kimpton owned a handful of hotels and employed just a few hundred people, he introduced a "self-insight" program. A psychologist led senior managers through one-on-one sessions to help them understand their patterns of behavior.
How many employees does Kimpton have?
Even with 8,000 employees, it can't afford the kind of corporate, dehumanizing culture that squeezes the life out of many large companies.
What is the IHG system fund?
We manage a System Fund for the benefit of all hotels in the IHG ® System with the objective of driving revenue. Total assessments and contributions paid by hotels into The Fund are spent on marketing, the IHG ® Rewards loyalty programme and the guest reservation system. The System Fund is planned to operate at break even and does not result in a profit or loss for IHG.
What is the incentive fee for a hotel?
However, the percentage does vary by country and brand. The incentive fee is a share of profits, which is in place to align our interests with those of the property owner and to reward us for running the hotel profitably.
What is IHG's greatest strength?
Our global network of hotel owners is one of IHG’s greatest strengths. Our success lies in matching owners with the right brands and markets, and in working together to use our scale and resources to drive strong returns.
Who manages the hotel in IHG?
We manage the hotel but ownership of the physical building remains with a third-party owner. Typically, the senior management like the General Manager and the Financial Controller are IHG employees, who have oversight to build a successful team.
Can a franchisee be in business?
Franchisees want to be in business for themselves but not by themselves. Our franchisees can brand their hotel with one of our well-known and popular brands, and benefit from a powerful loyalty programme and strong reservation system. We also provide a comprehensive set of tools such as revenue management and marketing programmes to drive business and new demand.
Overview
The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by IHG Hotels & Resorts (IHG) since 2015. Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. It currently operates 68 hotels in 52 cities with a total of 13,357 bedrooms. New …
Hotel brands
• Baltimore, Maryland
• Chicago, Illinois
• Denver, Colorado
• Washington, D.C.
• Philadelphia, Pennsylvania
Restaurant brands
• Grand Cayman, Cayman Islands:
• Paris, France:
• London, England:
• Amsterdam, Netherlands:
• Taipei, Taiwan
Company programs
The company's environmental program is called Earthcare. Every hotel adopts standard environmentally friendly products and practices, such as eco-friendly cleaning supplies and recycling.
Every year, the company sponsors a red ribbon campaign generating awareness and funds for local HIV service agencies. In addition, local hotels make donations to LGBT charities and host ev…
See also
• List of California companies
• List of companies based in San Francisco
External links
• Official website